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Hello! Here are your articles for March 14, 2007.
 Glossary:  A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z
Profile of a Professional

Getting to know DMLO. 
Open our door and you will find interesting people at DMLO.  Click on Full Article to read how George Owens lightens the load.

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Encourage Participation in Direct Deposit Payroll

There's little doubt that paying employees through direct deposit saves most companies money and hassles in the form of lower check writing fees, fewer lost or stolen checks and no stop payment charges. Major savings are realized because employees stop taking time off to go to the bank. As more employees sign up for direct deposit, the savings grow. But some employees are still suspicious of the process. How can you encourage staff members to participate? Here are some practical solutions.

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Tax Law History Quiz

Q. As a result of the 1965 Social Security Amendments, signed by President Lyndon Johnson, which benefit was created?

a. Automatic cost-of-living increases
b. Individual Retirement Accounts
c. Disability Insurance
d. Medicare and Medicaid

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For the first time this year, you can direct part or all of your federal tax refund into an IRA. Plus, you may qualify to contribute to a tax-favored IRA this year even if you weren't eligible in the past. That is because the income limitations imposed on those who make contributions have been liberalized. Click "Full Article" for details of the new rules involving refunds and IRA contributions.
Copyright © 2008

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Is your corporation stockpiling its earnings? There's a penalty if you set aside too much money but you can avoid it by taking some important steps now.
Copyright © 2008

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The longer you can shelter money in a qualified retirement plan from taxes, the larger the account can grow. But if you inherit money from a qualified plan owned by someone other than your spouse, you may receive a taxable distribution that ends the shelter. Fortunately, a law passed in 2006 provides some new options for non-spouse beneficiaries that allow them to defer paying taxes on large inherited distributions. Take a look at the rules and who can benefit.
Copyright © 2008

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GE to Sell Appliances Unit
newser.com - Thu, 15 May 2008 00:46:00 GMT

 Expect Higher Natural Gas Bills Starting This Summer
citynews.ca - Thu, 15 May 2008 00:45:20 GMT

 Delta/Northwest merger seen likely to be approved
news.yahoo.com - Thu, 15 May 2008 00:44:47 GMT

 Report says GE set to auction appliance business
chron.com - Thu, 15 May 2008 00:42:30 GMT

 USC, Los Angeles Coliseum sign lease
sfgate.com - Thu, 15 May 2008 00:38:38 GMT

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Our firm provides the information in this e-newsletter for general guidance only, and does not constitute the provision of legal advice, tax advice, accounting services, investment advice, or professional consulting of any kind. The information provided herein should not be used as a substitute for consultation with professional tax, accounting, legal, or other competent advisers. Before making any decision or taking any action, you should consult a professional adviser who has been provided with all pertinent facts relevant to your particular situation. Tax articles in this e-newsletter are not intended to be used, and cannot be used by any taxpayer, for the purpose of avoiding accuracy-related penalties that may be imposed on the taxpayer. The information is provided "as is," with no assurance or guarantee of completeness, accuracy, or timeliness of the information, and without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability, and fitness for a particular purpose.

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